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Major Pepe (Pepe) Kita went out to its position, selling 552.92b Pepe for $ 6.92 million in coins (USDC), adding to increasing market uncertainty.
Whale had previously traded 1,48t Pepe, providing profit of $ 3.42 million, but such great liquidations often trigger volatility and bears of feelings.
At the time of the press, Pepe Trading on $ 0.001274, which is lower by 1.07%a day, struggling to hold the key level of support. How does memecoin face increased sales pressure, can the market absorb this move or is there more disadvantage ahead?
Pepe suffered a huge fall, losing $ 7 billion in market caps in the last 40 days. A few months ago, his estimate was $ 12 billion, but now it has dropped to $ 5.24 billion, reflecting the reduced confidence of investors.
This sudden fall has encouraged concern about his long -term sustainability. However, some merchants believe that the current price range is the main opportunity to accumulate on the eve of the next set of Altcoin and memecoin.
Pepe’s breakdown under the descending sample of the wedge increased the sales pressure, and the loss of the demand zone of $ 0.00001687 further weakens its structure.
In addition, the indicator of the Williams Alligator confirms the bear crossover, with blue, red and green moving average in the trend down to 0.00001625, 0.00001516 USD, or $ 0.00001416.
However, the RSI sits at 34.32, suggesting that the turbines are overflowing that could trigger a short -term jump. If customers come in, a temporary recovery may occur.
Source: TraringView
Metrics on the chain remain mainly bears, reflecting a fighting net. The net growth of the network is 1.69% (bears), indicating slow adoption. In addition, the “Money” metric is -3.43% (bear), which means that there are more loss owners.
The whale concentration remains low at 0.71% (bears), which shows a declining buildup. However, large transactions have increased by 2.50% (bulls), hinting at continuous institutional activities despite the fall in prices.
Source: Intotheblock
Mvrv debt/short difference fell to 10.45%, which marked one of the lowest points in the months. This decline suggests that merchants do not want to keep ash for a long time, increasing short -term risk sales.
In addition, a continuous decline in profitability can lead to more liquidation events. However, if the MVRV is stabilized, it could indicate a potential reversal of prices in the short term.
Therefore, Pepe’s next move will depend on whether demand will surpass the current pressure pressure.
Source: Santiment
Pepe’s market prospects are still determined by a bear, with whale sales, weak basics and a declining market cap that stimulates the momentum down.
Read the Pepe (Pepe) Predict Price 2025–2026
However, the RSI levels suggest that a short -term relief set could occur if customers defend the current level. If the bulls return the zone of $ 0.001687, the ash can be stabilized and recovered.
Otherwise, further disadvantage is expected before any significant jump materializes.